Exposing Financial Crime

Criminals are smart, and detection capabilities need to be smarter and always adapting to stay one step ahead. Time to drive out pointless investigations and finding true malignancies hidden from existing rules and machine learning techniques. Join us for conversations and articles on how to refocus financial crimes investigations into actually stopping crime.

Steve Marshall Director of Advisory Services, at FinScan

Embedded Insurance, AI, and the Compliance Gap

The rise of embedded models and AI-powered automation across the insurance industry marks a step-change in the sector’s evolution. But strip away the excitement and promise of digital transformation, and a widening compliance gap is revealed—one many insurers are struggling to close. Pressure to digitally transform comes, in part, from a need to m...

09 July 2025 /ai /regulation

Steve Marshall Director of Advisory Services, at FinScan

Sanctions Evasion and the Growing Threat of Transnational Criminal Organizations

Russian-related sanctions may have dominated the financial crime landscape over the last three years, but in the US, we’re seeing increasing regulatory focus on another threat category: transnational criminal organizations (TCOs) and cartels. As with Russian sanctions, not only do the TCOs and cartels themselves pose potential sanctions risks, bu...

02 July 2025 /regulation /crime

Steve Marshall Director of Advisory Services, at FinScan

Unmasking Kleptocrats: Why Ownership and Control Are Key to Mitigating AML and Sanctions Risk

Tackling sanctions evasion can often be likened to patching a leaky boat. As one hole is patched, another opens. This is particularly the case when dealing with kleptocrats. Kleptocracy is when government officials and other powerful individuals exploit and steal a country’s wealth and resources from its citizens. Kleptocrats may be subject to san...

25 June 2025 /regulation /crime

James Baston-Pitt Head of UK & EMEA at Alloy

Do fintechs stand a chance against shapeshifting, faceless fraudsters?

UK Finance’s latest fraud report is out and, like any good read, there are highs and lows: moments of positivity mixed with sobering reasons for pause. £1.17 billion was stolen by fraudsters in 2024. This is the same figure UK Finance’s financial institution members reported in 2023. While we’d like to see that number decline, the fact that total ...

12 June 2025 /regulation /crime

Frank Moreno CMO at Entersekt

U.S. banks in danger of getting a red card at 2026 FIFA World Cup

In a little over a year, North America will play host to the 2026 FIFA World Cup. And, with concerns already mounting around the red tape surrounding the 5.5 million fans expected to descend on 11 U.S.cities, banks have been warned that they should beef up their fraud protection for the hundreds of millions of additional transactions ahead of and ...

25 March 2025 /retail /crime

Steve Marshall Director of Advisory Services, at FinScan

KYC and Adverse Media Screening: Unearthing Hidden Risks

Know Your Customer (KYC) remains the cornerstone of identifying potential reputational and financial risks, but as information sources become increasingly diverse, traditional KYC verification methods might no longer be enough. Enter adverse media screening—the unsung hero of KYC that strengthens anti-money laundering (AML) defenses and helps busi...

18 March 2025 /regulation /crime

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Fighting Financial Crime Together: The Role of Data Sharing

Financial crime continues to evolve at an alarming pace. Despite significant investments in advanced detection techniques, only a small fraction of these crimes is detected and stopped. Research highlights that as little as 1% of illicit financial flows are intercepted, leaving a staggering 99% to slip through the cracks. This is a strong reminde

10 March 2025 /regulation /crime

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Payment Fraud Exposed: Top Techniques and How Financial Institutions Respond

Payment fraud (i.e. the unauthorized or deceptive use of stolen payment information to obtain money, goods, or services) remains a major challenge for financial institutions. With new regulations requiring banks to compensate fraud victims, fraud prevention has become a top priority. However, fraud techniques are evolving rapidly, often outpacing

27 January 2025 /regulation /crime

Alexandre Kech CEO at The Global LEI Foundation

Leading the Fight Against Corporate Fraud: How Every Business Can Embrace Transparency

The scale, sophistication, and impact of corporate fraud have reached unprecedented levels worldwide. Interpol’s 2024 Global Financial Fraud Assessment reports that “financial fraud has increased and diversified significantly [and] represents a pervasive, global threat.” Even more sobering is the expectation that the “magnitude of financial fraud [...

27 November 2024 /identity /crime

Shagun Malhotra CEO and Founder at SkyStem

How Accounting Firms Can Address the Growing Threat of Social Engineering

Emerging threats for accounting firms have steadily risen over the years, with more and more business emails being compromised, leading to an annual loss of around $2.4 billion. Just a few months back, an accounting service based in Maine suffered a huge data breach that compromised personal information of over 1.1 million individuals. Unfortun...

25 November 2024 /security /crime